Definitions from the Web
Free Trade
Description:
Free trade refers to the economic policy that promotes the exchange of goods and services between countries without any restrictions or barriers, such as tariffs, quotas, or subsidies. It allows for a free flow of goods and services across borders, encouraging international trade and fostering economic growth.
Sample sentences:
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Many economists believe that free trade can lead to increased prosperity and higher standards of living.
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Removing trade barriers is essential for promoting free trade between nations.
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The government is negotiating a free trade agreement with neighboring countries to boost exports.
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The company benefited from free trade policies by accessing new international markets.
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